TECO 2030: Onboard CCS is technically and financially viable, study confirms May 6, 2021, by Naida Hakirevic Onboard carbon capture and storage (CCS) is technically and financially viable, a feasibility study jointly conducted by Norwegian engineering company TECO 2030 ASA and Austrian-based automotive consulting firm AVL List GmbH has concluded. As explained, by installing onboard carbon capture and storage equipment, the shipping industry has the potential to significantly reduce CO2 emissions. This is an important part of reducing shipping’s environmental footprint, TECO 2030 said. Last month, TECO 2030 and AVL joined forces on the feasibility study to explore the potential of carbon capture and storage in the maritime industry, focusing on the vessel capabilities and robustness of the technology.